PRESIDENT TINUBU'S MESSAGE OF CONDOLENCE TO CHIMAMANDA ADICHIE AND HER FAMILY. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU'S MESSAGE OF CONDOLENCE TO CHIMAMANDA ADICHIE AND HER FAMILY   With a deep sense of grief, I condole with Ms Chimamanda Ngozi Adichie, her husband, Dr Ivara Esege, and the entire family on the passing of their son, Nkanu Nnamdi.   As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.   I empathise with the family at this difficult time, and I mourn this sad loss with them.   Ms Adichie is a literary icon who has brought joy and light to many homes globally, and I pray she and her family find strength in the Almighty in this trying hour.   My prayers are with the family.   Bola Ahmed Tinubu, GCFR President and Commander-in-Chief of the Armed Forces Federal Republic of Nigeria January 8, 2026
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ACCESS, FBN, FIDELITY... CBN SELLS DOLLARS TO 26 BANKS, DISQUALIFIES SIX. (PHOTO).

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 Access, FBN, Fidelity… CBN sells dollars to 26 banks, disqualifies six


The Central Bank of Nigeria (CBN) says it sold foreign exchange (FX) to banks worth $876.26 million at N1,495 per dollar.

According to a statement dated August 7, signed by Omolara Omotunde Duke, CBN’s director of the financial markets department, the apex bank said the auction aimed to reduce demand pressure in the FX market and promote price discovery.

The CBN said the transaction was conducted through a retail Dutch auction system (rDAS).

According to the apex bank, while bids valued at $876.26 million from 26 banks qualified, bids from six banks were disqualified.

The CBN said four banks missed the deadline and two did not provide bids in their submitted templates.

Below is the full list of successful and unsuccessful bids.


$SUCCESSFUL BIDS:


S/N BANK SUCCESSFUL BIDS ($)

1. Access       79,092,862.79

2. Citi       12,001,875.89

3. Coronation        4,474,753.38

4. Ecobank        5,320,365.25

5. FBN       228,994,949.57

6. FBN Quest        5,089,359.92

7 Fidelity        43,616,742.68

8. FSDH        1,999,399.52

9. Globus       11,070,395.30

10. Greenwich             17,21.40

11. GTB         29,543,429.06

12. Jaiz         16,708,748.35

13. Keystone           4,635,899

14. Lotus           4,024,818.31

15. Nova            2,098,539.51

16. Parallex              548,052.17

17. Polaris             10,440,523.75

18. Providus             11,453,580.97

19. Signature                 551,753

20. Stanchart            28,429,525.73

21. Sterling            14,397,359.41

22. Taj             19,107,550.88

23. Titan                790.78

24. Union             13,268,519.66

25. Unity                616,138.33

26. Zenith              267,862,855.69

Total              815,362,006.30

DISQUALIFIED BANKS 


S/N BANK AMOUNT  REMARKS

1 UBA     13,213,785.91 Late submission

2 FCMB 178,652,316.84 Late submission

3 Stanbic 57,857,408.12 Late submission

4 Wema 21,940,547.84 Late submission

5 Suntrust 7,379,787.50 No bid rates

6 Rand 0 No bid received

Total 279,043,846.21

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